Project Heal Foundation Inc
Analysis
Project Heal Foundation Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Project Heal Foundation Inc reported income of $141k and spending of $215k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $141k (+9.3%), an average of +9.3% a year. Over the whole period it spent 135% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Heal Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Believe Guatemala Corp ($141k), Project for the People of Paraguay ($141k) and Possibilities Ministries Inc ($141k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Believe Guatemala Corp | Wellsville | $141k |
| Project for the People of Paraguay | Avon | $141k |
| Possibilities Ministries Inc | Winter Garden | $141k |
| Acts of Mercy | Sunnyvale | $141k |